The meeting approved the September minutes and focused on high-level updates relevant to the wider market. This included early planning for the LMA Oasis Conference, which will centre on practical discussion around model development, climate change, emerging risks, and market engagement, with an emphasis on insight over vendor promotion.

Lloyd’s provided updates on team changes, upcoming revisions to the materiality framework, and ongoing regulatory and business-as-usual activity, including DyGIST, Extreme Disaster Scenario work, and a broader exposure management strategy refresh.

The group also received an overview of the Lloyd’s Emerging Risk Report and brief progress updates from the regulatory reporting, casualty, cyber, and model evaluation sub-groups. The meeting concluded with next steps on gathering member input to help shape 2026 priorities and a market announcement.